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Introduction
The much-awaited GB Logistics IPO is generating excitement among investors. With its impressive business model and a strong presence in the logistics and agricultural commodities sector, the IPO is poised to attract significant attention. Here’s a simplified overview to help you understand key details like the GB Logistics IPO GMP today, price, allotment, and more.
GB Logistics IPO Details
IPO Date: Opening on 24th January 2025 and closing on 28th January 2025.
IPO Price Band: ₹95 to ₹102 per share.
Lot Size: 1,200 shares per lot.
IPO Size: ₹25.07 crore with 24.58 lakh fresh shares.
Listing Date: Expected on 31st January 2025 at BSE SME.
GB Logistics IPO GMP Today
As of 21st January 2025, the Grey Market Premium (GMP) for the GB Logistics IPO stands at ₹0. While the current GMP doesn’t show a premium, market trends closer to the listing date could bring updates.
Business Overview
GB Logistics Limited specializes in:
Logistics Services: Full truckload, remote deliveries, and special handling.
Agricultural Commodities Trading: Diversified revenue streams from occasional trading opportunities.
The company focuses on optimizing logistics management with its fleet of vehicles and network of contracted carriers.
Financial Highlights
Revenue: ₹50.85 crore (30th September 2024).
Net Profit: ₹2.53 crore.
Net Worth: ₹20.55 crore.
Strengths of GB Logistics IPO
Strong fleet and infrastructure.
Expertise in logistics and agricultural trading.
Competitive IPO valuation with a lower P/E ratio than industry peers.
Risks to Consider
Dependence on third-party vehicles.
Fluctuating interest rates affecting borrowing costs.
Vulnerability to natural calamities and regulatory changes.
Conclusion
The GB Logistics IPO offers a mix of growth potential and diversification in the SME segment. While the IPO pricing appears attractive, investors should evaluate risks and consider market trends before investing.
Stay updated with GB Logistics IPO GMP live updates and plan your investments wisely
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